484 Collegiate Street

King Edward, Winnipeg

Property score

60.2

Fair

Overall 60.2 · Newer than most nearby homes

805 sqft (bottom 31%) · Built in 1994 (46 yrs newer than avg)

Located in a high-income area with median household income of ~94k

Transit 62.0 · 2-min walk to transit with 1 nearby route · Within 500m: 1 school, and 4 parks nearby

Living Area

Below average

15% smaller than neighborhood avg.

Year Built

Above average

46 yrs newer than neighborhood avg.

Mother tongue

English · 66%Tagalog · 14%

Past 10 years King Edward sales snapshot (~80% of all data)

Sold Count

1,128

Median price

356.6k

$/sqft

$349/sqft

Avg build year

1948

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Property score

60.2 is composed by the two sections below.

Property Score

43.2Low
Living Area805 sqft32Low
Year Built199481Excellent
Lot Size2,712 sqft28Low
Neighbourhood Sales Activity71Good

Community Score

85.7Excellent
Household Income82Excellent
Education Level82Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health83Excellent

Neighbourhood Sales

King Edward

How to read: Share of sales in each ~$50k price band for “king edward” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111133

Community deep dive

$94K

Median household income

$106K

Average household income

8%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

26%

Single-person households

23%

Families with children

Population, labour & age

Population (2021)527
Labour force participation rate75%
Median age39.2
Avg household size2.5
Unemployment rate7%
Population density1197 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households26%
Couple families with children23%
Median household income (2020)$94K

Housing

Renter households13%
Condominium dwellings0%
Median dwelling value (owners)$268K

Diversity, education & language

Immigrants (share of pop.)31%
Visible minority37%
Bachelor's or higher (25–64)40%
Mother tongue (1st)English · 65%
Mother tongue (2nd)Tagalog · 14%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
805 sqft
0255075100
Same streetBottom 29%Same areaBottom 31%CitywideBottom 9%
Same street · Collegiate Street
#197 / 278
Bottom 29% · Avg 977 sqft
Same area · King Edward
#1,635 / 2,385
Bottom 31% · Avg 952 sqft
Citywide · Winnipeg
#176,209 / 194,458
Bottom 9% · Avg 1,342 sqft

Tax-Assessed Value

around average
272k
0255075100
Same streetTop 45%Same areaTop 39%CitywideBottom 22%
Same street · Collegiate Street
#125 / 278
Top 45% · Avg 269.4k
Same area · King Edward
#924 / 2,385
Top 39% · Avg 258.2k
Citywide · Winnipeg
#151,134 / 194,458
Bottom 22% · Avg 390.1k

Year Built

above average
1994
0255075100
Same streetTop 19%Same areaTop 16%CitywideTop 20%

Lot Size

around average
2,712 sqft
0255075100
Same streetBottom 49%Same areaBottom 39%CitywideBottom 8%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

484 Collegiate Street — 5 amenities found within 500 m, across 2 categories, including 1 education (nearest 434 m), 4 parks (nearest 70 m).

Search radius
🏫Education1
🌳Parks4

Crime & Safety

King Edward · WPS public data · 2026

Annual incidents

32

2026

vs. city avg

+8%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

47%

Sales History

Sold 6/2024CA$250k–300k
Sold price

Same street

Top 28%

Same area

Top 27%

City-wide

Bottom 37%

Related homes

Highlights & common questions: 484 Collegiate Street, Winnipeg

Property Overview: 484 Collegiate Street, Winnipeg

Section 1: Key Characteristics & Appeal

This bi-level home at 484 Collegiate Street in Winnipeg's King Edward neighbourhood presents a practical and modern living option. Its key characteristic is its 1994 build year, which is notably newer than most homes on its street and in the wider city, suggesting updated core systems and potentially lower immediate maintenance needs. With 805 square feet of living space and a renovated basement, it offers compact, efficient living. The assessed value is consistent with the local area, indicating a fair market position.

The appeal lies in its turn-key readiness and its location within a well-established community. It suits first-time homebuyers seeking an affordable entry into the market without the concerns of a century-old property, or investors looking for a modernized rental property with reliable fundamentals. A thoughtful perspective is that while the lot size is smaller than the city average, it translates to less yard upkeep—an advantage for those seeking a low-maintenance lifestyle. The home doesn’t stand out for its size or luxury, but rather for its relative newness and solid footing in a mature neighbourhood.

Section 2: Frequently Asked Questions

1. How does the 1994 build year compare to nearby homes?
This home is significantly newer than the local average. On Collegiate Street, comparable homes average a 1948 build year, making this property roughly 46 years more recent, which often means more modern wiring, plumbing, and insulation.

2. Is the living space smaller than average?
Yes. At 805 sqft, the living area is below the average for both the immediate street and the city overall. This indicates a compact, efficient layout suited for individuals, couples, or small families.

3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finish quality, permits, and whether it includes a legal secondary suite or simply additional living space.

4. How recent are the sold price figures shown?
The most recent sale data point is from June 2024, with a price range provided. For the exact historical sold price, you must request the information directly via the provided email service.

5. The assessed value seems low compared to the citywide average. Why?
The citywide average assessed value includes all property types and sizes across Winnipeg. This home’s assessment is aligned with averages for its specific street and neighbourhood, reflecting its smaller size and local market conditions rather than the broader, higher-value city average.

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